Sprott Long Term Investments vs Accounts Payable Analysis
SII Stock | USD 44.42 0.41 0.93% |
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott Long Term Investments and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Long Term Investments vs Accounts Payable
Long Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sprott's Long Term Investments and Accounts Payable is -0.22. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Sprott Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Sprott's Long Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Sprott balance sheet that represents investments Sprott Inc intends to hold for over a year. Sprott Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.Accounts Payable
An accounting item on the balance sheet that represents Sprott obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sprott Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current Selling General Administrative is estimated to decrease to about 16.6 M. The current Tax Provision is estimated to decrease to about 6.7 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 87.1M | 74.2M | 64.2M | 80.9M | Total Revenue | 164.9M | 154.3M | 146.3M | 108.0M |
Sprott fundamental ratios Correlations
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Sprott Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sprott fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 324.9M | 377.3M | 365.9M | 383.7M | 378.8M | 358.7M | |
Other Current Liab | 7.7M | 17.5M | 18.8M | 21.5M | 7.8M | 15.6M | |
Total Current Liabilities | 35.2M | 47.2M | 28.1M | 25.8M | 21.4M | 40.4M | |
Total Stockholder Equity | 271.6M | 291.0M | 291.2M | 277.3M | 305.7M | 282.9M | |
Property Plant And Equipment Net | 16.2M | 16.6M | 16.5M | 12.5M | 10.9M | 8.7M | |
Net Debt | (39.4M) | (27.1M) | (20.0M) | 2.8M | 3.6M | 3.8M | |
Retained Earnings | (102.7M) | (104.5M) | (97.0M) | (105.3M) | (89.4M) | (84.9M) | |
Accounts Payable | 23.6M | 29.7M | 9.4M | 10.7M | 12.6M | 23.1M | |
Cash | 54.7M | 44.1M | 49.8M | 51.7M | 20.7M | 19.6M | |
Non Current Assets Total | 229.5M | 292.0M | 288.3M | 306.8M | 333.8M | 199.4M | |
Non Currrent Assets Other | 1.4M | 16.1M | 12.4M | 21.3M | 24.3M | 19.3M | |
Cash And Short Term Investments | 72.2M | 53.6M | 55.9M | 55.0M | 22.9M | 21.7M | |
Net Receivables | 10.1M | 22.5M | 14.8M | 13.2M | 8.7M | 8.2M | |
Common Stock Shares Outstanding | 25.7M | 25.8M | 25.9M | 26.2M | 26.1M | 23.7M | |
Short Term Investments | 17.5M | 9.5M | 6.1M | 3.3M | 2.2M | 2.1M | |
Liabilities And Stockholders Equity | 324.9M | 377.3M | 365.9M | 383.7M | 378.8M | 358.7M | |
Non Current Liabilities Total | 18.1M | 39.1M | 46.5M | 80.7M | 51.7M | 54.3M | |
Other Current Assets | 13.0M | 9.2M | 6.8M | 8.7M | 13.5M | 8.1M | |
Other Stockholder Equity | 33.4M | 147.8M | 132.2M | 197.3M | 35.3M | 33.5M | |
Total Liab | 53.3M | 86.4M | 74.7M | 106.5M | 73.1M | 55.2M | |
Property Plant And Equipment Gross | 21.2M | 16.6M | 32.5M | 30.9M | 31.0M | 32.6M | |
Total Current Assets | 95.3M | 85.3M | 77.5M | 77.0M | 45.1M | 42.8M | |
Accumulated Other Comprehensive Income | 24.5M | (65.6M) | (64.6M) | (79.6M) | (74.9M) | (71.2M) | |
Inventory | (21.6M) | (12.1M) | (7.8M) | (4.5M) | (3.0M) | (3.1M) | |
Other Assets | 24.5M | 17.8M | 13.9M | 23.0M | 26.4M | 22.4M | |
Good Will | 19.1M | 19.2M | 19.1M | 19.1M | 17.2M | 25.7M | |
Common Stock Total Equity | 312.2M | 303.2M | 413.1M | 417.8M | 480.4M | 367.7M | |
Intangible Assets | 114.0M | 156.0M | 170.1M | 178.6M | 182.9M | 96.7M | |
Common Stock | 316.3M | 417.8M | 417.4M | 428.5M | 434.8M | 384.3M | |
Short Long Term Debt Total | 15.3M | 17.0M | 59.5M | 54.4M | 24.2M | 26.9M | |
Short Term Debt | 3.8M | 17.0M | 29.7M | 54.4M | 24.1M | 21.2M | |
Capital Surpluse | 33.1M | 43.2M | 43.3M | 35.4M | 40.7M | 38.8M | |
Property Plant Equipment | 16.2M | 16.6M | 16.5M | 12.5M | 14.4M | 12.5M | |
Other Liab | 6.7M | 14.3M | 8.5M | 8.2M | 9.5M | 7.2M | |
Net Tangible Assets | 138.4M | 115.9M | 102.0M | 79.5M | 71.6M | 143.0M | |
Current Deferred Revenue | 1.0 | (17.0M) | (29.7M) | (54.4M) | (24.1M) | (25.3M) | |
Net Invested Capital | 286.9M | 308.0M | 321.0M | 331.7M | 329.9M | 335.8M | |
Long Term Investments | 74.5M | 82.5M | 68.8M | 73.6M | 93.5M | 79.8M | |
Net Working Capital | 60.2M | 38.1M | 49.4M | 51.2M | 23.6M | 22.4M |
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When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprott. If investors know Sprott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprott listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.885 | Dividend Share 1.05 | Earnings Share 1.81 | Revenue Per Share 7.669 | Quarterly Revenue Growth 0.349 |
The market value of Sprott Inc is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott's value that differs from its market value or its book value, called intrinsic value, which is Sprott's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott's market value can be influenced by many factors that don't directly affect Sprott's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.